Registration number: 01832284

Swifts Transport (Properties) Ltd

Contents

Company Information	1
Abridged Balance Sheet	2 to 3
Notes to the Unaudited Abridged Financial Statements	4 to 6

Swifts Transport (Properties) Ltd

Company Information

Directors

A Swift Mrs S Swift Miss C R Swift Miss M C Swift Miss E A Swift

Company secretary

Mrs S Swift

Registered office

Woodlands Road Dodford Bromsgrove Worcestershire B61 9BN

Accountants

Perrigo Consultants Limited Chartered Certified AccountantsAnglo House Worcester Road Stourport on Severn DY13 9AW

Swifts Transport (Properties) Ltd

(Registration number: 01832284)
Abridged Balance Sheet as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	899,154	904,383
Current assets
Debtors		13,493	10,141
Cash at bank and in hand		20,944	44,330
		34,437	54,471
Prepayments and accrued income		1,503	3,304
Creditors: Amounts falling due within one year		(9,973)	(17,502)
Net current assets		25,967	40,273
Total assets less current liabilities		925,121	944,656
Provisions for liabilities		(56,910)	(57,928)
Accruals and deferred income		(12,352)	(11,649)
Net assets		855,859	875,079
Capital and reserves
Called up share capital	5	38,218	38,218
Retained earnings		817,641	836,861
Shareholders' funds		855,859	875,079

Swifts Transport (Properties) Ltd

(Registration number: 01832284)
Abridged Balance Sheet as at 31 March 2025

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 13 October 2025 and signed on its behalf by:
 

......................................... A Swift Director

Swifts Transport (Properties) Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2025

1	General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Woodlands Road
Dodford
Bromsgrove
Worcestershire
B61 9BN

These financial statements were authorised for issue by the Board on 13 October 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Swifts Transport (Properties) Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2025

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Freehold Property	0.5% Straight Line
Long Leasehold	1% Straight Line
Plant & Machinery	10% Reducing Balance
Computer Equipment	25% Reducing Balance

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 5 (2024 - 5).

Swifts Transport (Properties) Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2025

4	Tangible assets

	Land and buildings £	Long leasehold land and buildings £	Plant and machinery £	Office equipment £
Cost or valuation
At 1 April 2024	900,000	34,791	22,229	4,765
At 31 March 2025	900,000	34,791	22,229	4,765
Depreciation
At 1 April 2024	27,000	6,751	19,199	4,452
Charge for the year	4,500	348	303	78
At 31 March 2025	31,500	7,099	19,502	4,530
Carrying amount
At 31 March 2025	868,500	27,692	2,727	235
At 31 March 2024	873,000	28,040	3,030	313

	Total £
Cost or valuation
At 1 April 2024	961,785
At 31 March 2025	961,785
Depreciation
At 1 April 2024	57,402
Charge for the year	5,229
At 31 March 2025	62,631
Carrying amount
At 31 March 2025	899,154
At 31 March 2024	904,383

Included within the net book value of land and buildings above is £868,500 (2024 - £873,000) in respect of freehold land and buildings and £27,692 (2024 - £28,040) in respect of long leasehold land and buildings.
 

5	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary of £1 each	38,218	38,218	38,218	38,218